Which of the following is generally recognized as an excellent method of overcoming the principal agent problem? 0 using time clocks for hourly employees 0 conducting spot-checks to ensure quality output 0 using GPS trackers on company vehicles 0 employing mystery shoppers 0 None of the answers is recognized as an excellent method of overcoming the principal agent problem. Arm's production is as follows: Q = 16K133L1'l4, where L is number of workers and K is number of machines. The rm spent $10,000 for the 27 machines it owns. The selling price of the output is $250, and each worker can be hired for $24. What is the firm's maximum total prot? 0 $35,000 0 $54,000 0 $46,000 0 $24,000